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If I had $100K for pennies long term
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richtan
Supreme |
15-Aug-2009 01:00
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Wow!!! good story. Thank you for sharing this story. As "Tan Ah Teck" said: The moral of the story, be alert like the birds as wat cheongwee said. Never throw caution to the air, tats why, everyday without fail, after mkt close, I practice one of my golden mantras ie. i will review my stocks chart to "Plan my trade and trade my plan" the next trading day, ie should I or should I not take action, very mechanical, no emotion involved.
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cheongwee
Elite |
14-Aug-2009 23:21
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OK, thanks ...i understand you now..
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cheongwee
Elite |
14-Aug-2009 23:19
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I know story sound awe, but mine is a real story, actually shd call it real life experience.. you can always see them (bird way of eating leftover food) at the hawker center..right? it is not story..it is real..the birs are alert as they eat, but ppl eat and eat,,,,dont know when and how to run...
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smartrader
Elite |
14-Aug-2009 23:17
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you mean in Asiatic or stock market ? I was sayiing Laulan asked for 5 good penny stocks but i only have one for him...actually i can add Equation but Asiatic business has more potential for multi-fold gains.. If other forumers can recommend 1 or 2 more, then we could benefit . We do not have time to monitor and follow too many long counter.. | ||||
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cheongwee
Elite |
14-Aug-2009 23:14
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thanks for sharing this counter, i will follow up and read the balance sheet ( though i hardly believe what it is in it)....but if it is solid,,,,next leg down i will invest some here... thanks again...
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cheongwee
Elite |
14-Aug-2009 23:10
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i hope you dont mind....u put ALL your $$$ here...because u say one to two penny...i want to clarify with you,,,,,thanks..
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smartrader
Elite |
14-Aug-2009 20:28
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Everyone knows the pitfalls in stock markets and let's not get carried away with stories..... Since Laulan is not going to lose sleep over the daily fluctuations (sounds like GIC) and is taking at least a 5-year horizon ; and want to retire to tour the world comfortably, he has to go for good penny with high profit growth - ie. high growth stock... So we should name 1 or 2 pennies that meet this criteria for his consideration and also share with all forumers (since nobody can folow too many counters). Maybe, there is one that we do not know..( I may be blinded by Asiatic high profit growth of 20% in the past 5 yrs ; and firmly believe it can repeat this in the next 5 years as its power generation business is scalable with economic growth...) |
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cheongwee
Elite |
14-Aug-2009 16:30
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we must set a stop loss..in everything...yes everything..even in relationship...why go on suffering...if your spouse give you problem and really, really there are no solution, then you got to cut...no point to carry on...really, you end up killing each other... you cannot go on indefinitely..life is short.. |
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cheongwee
Elite |
14-Aug-2009 16:21
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It is easy to say ,but when always come to carry out, always emotion take over.. emotion is stronger than you thk it is.... fpr example,... right now inside cheongwee mind he thk...."dont sell mermaid now, it got more to go,,i thk 90c my tg...hoy say liao...next...nw it is 80c....hold,...then tomolo...OMG mermaid now 70c...never mind hold it will be at 90c again,,,hold...but mermaid go even lower..70c...OMG...it have gone below by buy px...of 60c... never mind ..buy more...i read shrjunction cheongwee said can go 1 buck....ave down..ppl at shr juncttion tok good abt this counter...oil is going up....then next ..what the heck? cheongwee bullshit...now i am down 10k...now mermaid is just a small fry..it is 30c...the end. so now what you say??? |
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cheongwee
Elite |
14-Aug-2009 16:03
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between Greed and Fear..........GREED is the greater sin...not fear.
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cheongwee
Elite |
14-Aug-2009 15:54
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The story is good, but too long... have you eat at hawker center??? do you see bird pecking at the leftover food?? look , how they eat...after a few peck at the food they rise their head and look around and look out for danger, if no danger then they eat again... be like the bird...... even bird is smarter than most of the people .... |
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pasttime
Member |
14-Aug-2009 15:34
Yells: "." |
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richtan san, greetings. so the story continue. buaya was always laying trap. buaya also caught birds that walk into its jaws. buaya like to leave the dead bird by the side of the rivers and share it with the other animals. mainly the rats are interested. at first all the rats are cautious. each think... " where got so big bird laying for us to eat". then a more daring rat move forward and have a bite. yes it taste so good so it has another bite. the rest of rats saw the brave rat enjoying the feast and was very tempted. soon many other rats joined the feast of the chicken. and they eat and they eat and they enjoyed it and thank themselves for the good luck. then suddenly the buaya appear from no where and swallow up a few rats together with the bird. the rest who was lucky not to be bitten quickly ran away. but those that were caught by the buaya it was the end. the rats enjoy the bird but in the end also pay their life as dividend to buaya for eating its bird. the rats who survive learn a lesson. they know that the bird is not free. if they want to eat they will just have 1 quick bite and run. live to eat another day. wish all a good day. |
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AK_Francis
Supreme |
14-Aug-2009 10:06
Yells: "Happy go lucky, cheers." |
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Ha ha, one getting involve in stocks investment, must be experience n vigilant. D risk in stock investment is rather dynamic, any calamity happening in d stock market, no one stock, be it blue or penny, be spared. Ie d last credit crunch. Of course, for sifus, esp those well versed with low valuation principle, AK presumes they had acc some good stocks, again be it penny of blue one, when STI drove down to ard 1456.95 in Mar. By now, if they r not greed, they could hv pocketed great $ n exit d market. On d otherhand, if they foresee that there is still room for improvement for d stock market n likely no foreseeable market turbulance in near term, they can still give themselve further market confidence and stay along with d market loh. Of course they hv to closely monitor their individual's stock trend and market sentiment, before they could do any action loh. Above just AK view, could be wrong liao. Cheers. |
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keepnosecrets
Master |
14-Aug-2009 09:59
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Lets see. In this forum there are a few types of experts we can see. To name a few and no offence to others who are not mentioned, the pennies and small cap experts who are making quite comfortably in these stocks are: Humulus, Victor, Ipunter and a long list not possible to mention. Let us have their valuable opinions. Some shifus on valuations have taught us alot here. Let us hear more views, please. | ||||
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cheongwee
Elite |
14-Aug-2009 09:22
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and also big big loss,,,if this rally will to end abruptly... over confident and greed kills!!!
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iPunter
Supreme |
14-Aug-2009 08:07
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Putting every dollar in a good strong penny stock when it is accumulated at the floor level will virtually guarantee big gains...
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wongmx6
Veteran |
14-Aug-2009 04:27
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Thanks for your reply. I will digest and study hard with post.
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cheongwee
Elite |
14-Aug-2009 02:18
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laulan...on second reading, cannot lose the capital at all, and at best return with interest,,,,,she got to put it in a bank account,,,not stock, and she seem knowleageable by stating penny... and you are an expert trading in and out of stock, you shd tell her there are no such thing on this planet.. dont want to lose at all, and double the return....i hope u dont mind are fat hope.. the answer is tell her...you are a trader, u shd know better ...no such a thing..no free dinner in stock..
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jeremyow
Senior |
14-Aug-2009 01:55
Yells: "Passionate business investor" |
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I will only invest in one REIT and one shipping trust with this amount of capital. Choose one of the largest and most established REIT around (e.g. CapitaMall, CapitaComm, A-REIT, SuntecREIT). Choose also one of the largest and most established Shipping Trust (e.g. First Ship Lease Trust, Rickmers). Buy them at low valuations (when their calculated annual distribution yield is at least 10% based on their unit prices). Then, just keep holding to them and continue receiving distributions as long as their fundamentals are going strong. Then, collect the distributions and reinvest back into the same investment trusts if wanting to compound the investment returns. If don't want to compound the investment returns, then just spent all the distributions collected. The good thing about only buying at low valuations in investment trusts is that one gains a margin of safety and even when the trust runs into a refinancing problem, one still have chance to make an exit fast (since one's average price will be low enough to absorb the impact from the drop in unit price due to negative sentiments of the market). So, it is absolutely safe to invest in investment trusts as long as one practised the concept of margin of safety (investing only at low valuations substantially below the NAV of the trust) to safeguard one's invested capital. Margin of safety also applies to buying any other company shares. Always buy at low prices to protect one's capital and also increase one's returns. Low average share prices help to absorb any impact of drop in share price should any company's fundamentals go wrong. One can exit and sell fast and not get burnt easily if one's initial judgment of a company's potential turns out wrong. <Always select only good companies to invest in. Always invest at low prices to gain a safety margin to protect against deterioration in company fundamentals so that one can make an easy exit should things go wrong as there is nothing guaranteed in this world.>
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Back2Basic
Member |
13-Aug-2009 22:30
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There is a reason why they are called penny stocks....think...think...think...they may take longer than 5 years to move....Sigh. | ||||
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